News for 'Wealth'

What Is A Gift Deed?

What Is A Gift Deed?

Rediff.com13 Mar 2025

All that you must know about the pros and cons of gift deeds, tax implications, essentials, documents required, conditions, etc...

Is This The Right Time To Stay Invested In Small Caps?

Is This The Right Time To Stay Invested In Small Caps?

Rediff.com28 Apr 2025

Why try to time the market when time in the market works better? History shows that patient investors who stay the course often walk away with the real rewards, says Ramalingam Kalirajan.

Can RCB End IPL Jinx?

Can RCB End IPL Jinx?

Rediff.com19 Mar 2025

RCB will look to Virat Kohli not just for runs but also for inspiration as they chase that elusive IPL title -- a drought that has persisted for the last 17 years since the IPL's inception in 2008.

How Bank of India Plans To Counter Deposit Woes

How Bank of India Plans To Counter Deposit Woes

Rediff.com28 Nov 2024

A grooming branch network for servicing HNIs is a stepping stone for a full-fledged wealth management business.

Where India's Rich Invest In...

Where India's Rich Invest In...

Rediff.com27 Nov 2024

The Indian market remains an attractive place to do business for the nation's entrepreneurs, with 75 per cent of them operating domestically.

How the markets will fare this week

How the markets will fare this week

Rediff.com16 Feb 2025

Stock markets are expected to be driven by global trends and FPI trading activity this week after the conclusion of the earnings season, analysts said. Unabated foreign fund outflows, lower-than-expected quarterly earnings and global trade war fears hit market sentiments last week, where the benchmark indices Sensex and Nifty extended their downward trend to the eighth day in a row on Friday.

Golden Opportunity For Modi To Reverse Brain Drain

Golden Opportunity For Modi To Reverse Brain Drain

Rediff.com17 Apr 2025

President Trump with his MAWA has unwittingly provided us this opportunity. Will PM Modi grasp this and leave a legacy of an ushered in scientific and technological revolution in India, asks Colonel Anil A Athale (retd).

'Har Ghar Lakhpati': SBI's new mantra for deposit accretion

'Har Ghar Lakhpati': SBI's new mantra for deposit accretion

Rediff.com9 Dec 2024

At a time when banks are finding it challenging to mobilise resources, State Bank of India (SBI)-the country's largest lender-has devised a three-pronged strategy to boost deposit accretion. First is an aspirational product that promises to make depositors lakhpatis by helping them grow their deposits to Rs 1 lakh through recurring deposit (RD) schemes.

Gautam Adani's wealth up relative to India's GDP

Gautam Adani's wealth up relative to India's GDP

Rediff.com27 Oct 2022

Amid increasing volatility and recession fears looming over global markets that has led to the decline in wealth of a number of billionaires, Gautam Adani was the only one to buck the trend. The billionaire added $43.3 billion in net worth between Diwali 2021 (November 4) and this year's Diwali (October 24) according to Bloomberg data. He added more wealth than the gross domestic product (GDP)of more than a dozen Indian states.

'Have Savings Of Rs 5 Cr; Can I Retire At 40?'

'Have Savings Of Rs 5 Cr; Can I Retire At 40?'

Rediff.com23 Apr 2025

Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.

Mirabai Chanu joins PM Modi's war on obesity

Mirabai Chanu joins PM Modi's war on obesity

Rediff.com24 Feb 2025

Olympic medallists Manu Bhaker and Mirabai Chanu have joined Prime Minister Narendra Modi's initiative to combat obesity, emphasizing the importance of healthy lifestyle choices.

'Without US, Saudis, UAE in loop, there will be no retaliation'

'Without US, Saudis, UAE in loop, there will be no retaliation'

Rediff.com24 Apr 2025

'If Pakistan's army wants to escalate violence in Kashmir, they have an unlimited supply of jihadis they can train and send. That's not an issue for them.'

'Hindustan Is Heaven On Earth'

'Hindustan Is Heaven On Earth'

Rediff.com22 Apr 2025

The cultural richness that began from a narrow bank of the Yamuna has continued for over 7 centuries. And you literally go underground for as little at Rs 50 to see it!

Rs 5k Or Rs 50k SIP: Which Will Make You More Money?

Rs 5k Or Rs 50k SIP: Which Will Make You More Money?

Rediff.com7 Jan 2025

When it comes to building wealth, Time really is King. The power of compounding is what makes the magic happen, says rediffguru Ramalingam Kalirajan.

Will money in hand from tax breaks spur housing demand?

Will money in hand from tax breaks spur housing demand?

Rediff.com21 Apr 2025

Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.

Number of UPI apps grows in 2024, yet top two command maximum market share

Number of UPI apps grows in 2024, yet top two command maximum market share

Rediff.com30 Dec 2024

In 2024, the National Payments Corporation of India (NPCI) approved 20 third-party Unified Payments Interface (UPI) applications, a record since UPI's launch in 2016. This surge reflects growing interest from financial technology (fintech) companies, driven by the integration of credit products like UPI-linked credit cards and pre-approved credit lines.

Murthy, Subrahmanyan Aren't Wrong About Long Hours

Murthy, Subrahmanyan Aren't Wrong About Long Hours

Rediff.com18 Mar 2025

Leaders who built and manage these incredible global companies cannot be tyrants, slave-drivers, or idiots. Essentially what they are saying falls under the definition of rallying the troops, inspirational talk, like the usual coach-speak with the team before a match, asserts Shekhar Gupta.

Why Kerala Opposes Sand Sea Mining

Why Kerala Opposes Sand Sea Mining

Rediff.com19 Apr 2025

If as critics point out, the environmental impact assessment study was commissioned only after the auction process got underway with not all the stakeholders getting to know of it, then the government has already compromised the trust it could have enjoyed with Kerala's public including its coastal communities, points out Shyam G Menon.

Amit Panghal joins pro boxing ranks

Amit Panghal joins pro boxing ranks

Rediff.com13 Feb 2025

Amit Panghal, India's lone male boxer to win a world championship silver medal, has turned professional.

Morkel hints at Shami's inclusion for fifth England T20I

Morkel hints at Shami's inclusion for fifth England T20I

Rediff.com1 Feb 2025

Morne Morkel, India's bowling coach, is delighted to have Mohammed Shami back in the squad and hinted at a possible return for the veteran pacer in the fifth T20 International against England in Mumbai on Sunday.

'Investors: Stay Calm. Avoid Speculative Investment Behaviour'

'Investors: Stay Calm. Avoid Speculative Investment Behaviour'

Rediff.com8 Apr 2025

'My advice: Don't mark your portfolio to market every day. Focus on survival.'

Married thief built Rs 3 cr bungalow for girlfriend

Married thief built Rs 3 cr bungalow for girlfriend

Rediff.com5 Feb 2025

A 37-year-old burglar who allegedly built a Rs three crore bungalow for his girlfriend using the robbed money was arrested in Bengaluru. Panchakshari Swamy, who hails from Solapur in Maharashtra, was married and has children but he was a womaniser and spent the robbed money lavishly on women. He allegedly committed thefts in many parts of the country over the past two decades. Swamy has been arrested in a case of theft of gold and silver ornaments worth Rs 14 lakh from a house at Maruti Nagar in Bengaluru that occurred on January 9. His involvement in the theft was revealed with the help of footage from more than 200 CCTV cameras. With his arrest, the police have seized gold biscuits of 181 g, silver ornaments of 33 g, and a firearm from him. Swamy started burglaries in 2003 when he was a minor and by 2009 he had become professional at it gaining wealth worth crores through thefts, burglaries and robberies and it was in 2014-15, he started dating an actress and spent lavishly on her by building a Rs three crore house for her in Kolkata. He also allegedly gifted her an aquarium worth Rs 22 lakh, he said, adding he also had links with some other actresses. Police said that he mostly operated alone and kept a watch over empty houses so that he could target them easily and after committing the theft, he would change clothes to avoid suspicion.

Strong investor interest drives value mutual fund inflows to Rs 22,757 cr in 2024

Strong investor interest drives value mutual fund inflows to Rs 22,757 cr in 2024

Rediff.com30 Jan 2025

Value mutual funds have witnessed robust investor interest, garnering Rs 22,757 crore in inflows in 2024, nearly double the amount seen in 2023, fueled by impressive returns generated by the segment. This surge reflects a shift in investor focus towards fundamentally strong yet undervalued stocks.

Congress meets EC, seeks action against Modi for 'wealth redistribution' remark

Congress meets EC, seeks action against Modi for 'wealth redistribution' remark

Rediff.com22 Apr 2024

A delegation of Congress leaders met the Election Commission and handed over complaints against the prime minister, alleging that he has trampled upon and violated the model code and directions of the poll body.

Who Are India's Newest Billionaires?

Who Are India's Newest Billionaires?

Rediff.com11 Oct 2024

The collective wealth of the 100 richest went past $1 trillion for the first time.

Why Rahane was named KKR captain

Why Rahane was named KKR captain

Rediff.com13 Mar 2025

Mysore went on to affirm that Iyer would continue to be a part of the leadership group and could grow as a potential captain in the future.

Raveendran puts Rs 4K cr own wealth into Byju's

Raveendran puts Rs 4K cr own wealth into Byju's

Rediff.com6 Dec 2023

Byju Raveendran, founder of educational technology (edtech) firm Byju's, has injected around Rs 4,000 crore of personal capital into the company in recent months. This move comes as the company grapples with challenges, including securing fresh capital, delays in financial reporting, and legal disputes with lenders. "Raveendran has pledged personal property to assist the company in dealing with the crisis. "He conveyed to employees that despite perceptions of being a billionaire, he has reinvested a major portion of his wealth back into the company," said a person familiar with the matter.

Wealth of ultra-rich will continue to rise in 2023: Survey

Wealth of ultra-rich will continue to rise in 2023: Survey

Rediff.com16 Jan 2023

Nearly 9 out of 10 ultra-high-net-worth individuals in India saw an increase in wealth during in 2022, and the super rich expect their wealth to grow further this year, according to a Knight Frank survey. In its latest 'The Wealth Report: Outlook 2023', real estate consultant Knight Frank has revealed the findings of the global survey. Among Indian respondents, the consultant said 88 per cent saw a rise in UHNWI's (ultra-high-net-worth individuals) wealth in 2022.

How the markets will fare this week

How the markets will fare this week

Rediff.com2 Mar 2025

Equity markets will take cues from the US tariff related developments, global trends and trading activity of foreign investors this week, analysts said.

3 Money Lessons From Soha Ali Khan

3 Money Lessons From Soha Ali Khan

Rediff.com19 Feb 2025

In a world where financial literacy is often overlooked, Soha Ali Khan shares the financial wisdom her parents taught her.

'Employees Aren't Use-And-Throw Objects'

'Employees Aren't Use-And-Throw Objects'

Rediff.com16 Apr 2025

'You think: Did I fail the people I had to let go? Did I promise something I couldn't deliver? That day (when we had to sack 70 people) will stay with me.'

'They Accept Any Job Because There Is No Job In The Market'

'They Accept Any Job Because There Is No Job In The Market'

Rediff.com31 Jan 2025

'Not only jobs are not being generated, but people are also losing jobs.'

What Sudha And Akshata Murty Don't Want...

What Sudha And Akshata Murty Don't Want...

Rediff.com27 Jan 2025

Sudha and Akshata Murthy's candid confessions about each other.

What You Can Do With The Extra Money

What You Can Do With The Extra Money

Rediff.com4 Feb 2025

'Some part could be used for consumption purposes, and the rest could be used to meet important financial goals.' 'The split can be 30:70 to 50:50, depending on one's situation.'

Crypto use suspected in terrorism, secessionist activities: FIU report

Crypto use suspected in terrorism, secessionist activities: FIU report

Rediff.com13 Mar 2025

A trends study conducted by India's Financial Intelligence Unit (FIU) has expressed suspicion that cryptocurrency is being used across the country in serious criminal acts like terrorist financing, fuelling secessionist activities, cybercrime, narcotics trafficking, illegal betting and gambling. The report, which was based on suspicious transaction reports and operational analysis, shared these trends and credible intelligence with law enforcement agencies.

SC rejects niece's plea for return of Jayalalithaa's assets

SC rejects niece's plea for return of Jayalalithaa's assets

Rediff.com14 Feb 2025

The Supreme Court of India has dismissed a plea filed by the legal heir of former Tamil Nadu chief minister J Jayalalithaa seeking the return of properties confiscated in a corruption case against her. The court stated that the abatement of proceedings due to her death did not mean she was acquitted of the crime. The court upheld the confiscation of her properties, including her iconic residence, Veda Nilayam, land parcels, estates, bank deposits, and other assets, which will be transferred to the Tamil Nadu government.

Have PSU Stocks? What To Do?

Have PSU Stocks? What To Do?

Rediff.com20 Jan 2025

'If the markets correct further, PSU stocks could continue to decline.'

Can MI Break Opening Match Curse?

Can MI Break Opening Match Curse?

Rediff.com21 Mar 2025

The five-time champions finished last in IPL 2024 with everything going wrong for them. This time, MI is focused on ensuring that everything goes right, and that their journey towards a sixth title is back on track from the beginning.

185 Indians In $1 Billion Club

185 Indians In $1 Billion Club

Rediff.com3 Sep 2024

The combined wealth of India's dollar billionaires is now equivalent to 33.81 per cent of India's nominal GDP.

Invest in ELSS: Save Tax, Create Wealth

Invest in ELSS: Save Tax, Create Wealth

Rediff.com7 Feb 2023

The three year lock-in period enables ELSS fund managers to invest in high conviction stocks for a long period of time because of relatively less redemption pressure, says Dwaipayan Bose